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Greene County Land Shock As Farmland Values Leave Homes In The Dust

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Published on June 30, 2026
Greene County Land Shock As Farmland Values Leave Homes In The DustSource: Jed Owen on Unsplash

Greene County’s latest tentative property valuations are coming in hot, with a countywide bump of roughly $4.76 billion and farm fields doing most of the heavy lifting. Agricultural land values are racing ahead of the pack, climbing by triple-digit percentages, while homes and businesses are seeing much more modest gains in the high teens. From Xenia to Fairborn and Bellbrook, new construction and lot splits are reshaping local comps and giving the tax rolls a serious workout.

Countywide totals and hotspots

According to the Dayton Daily News, Greene County’s total assessed value is up about $4.759 billion overall. Residential values climbed roughly 17.77%, and commercial properties rose about 18.7%. Farmland is where the real jolt is, with values surging about 156.5%. The paper’s breakdown shows Xenia’s values increasing nearly 26%, Fairborn about 19%, Bellbrook around 21%, and Beavercreek just over 17%.

Auditor: zoning and lot splits are driving demand

Greene County Auditor Kraig Hagler told the Dayton Daily News that zoning changes and the breakup of large farms into smaller tracts are a big part of the story behind the farmland spike. “Zoning is a big thing. You’re seeing people take these large farms and then breaking them up into five- and 10-acre lots, and they’re getting…large amounts of money for them,” Hagler said. County officials told the paper that valuation notices are scheduled to be mailed this week, with informal review appointments expected to begin in mid-July.

CAUV and why many farms won't face immediate tax shocks

Ohio’s Current Agricultural Use Valuation (CAUV) program lets qualifying farmland be taxed on its agricultural productivity rather than on what a developer might pay, which usually means a much lower taxable value. Per the Ohio Department of Taxation, CAUV applies when parcels meet acreage or income thresholds and must be filed and renewed through the county auditor. That distinction is key, because many Greene County farms enrolled in CAUV will not see their tax bills jump in direct proportion to the market value spike.

What property owners should do next

County officials are urging residents to watch for their valuation notice and request an informal review if the numbers look off. Greene County lists a “Request a Property Review” option on its forms page for owners who want to speak with an appraiser. If taxpayers cannot reach agreement in an informal review, formal complaints are filed with the Board of Revision during Ohio’s annual appeal window, which runs Jan. 1 through March 31, as county auditor offices statewide note. At the same time, state legislation, including House Bill 186, created an inflation cap credit aimed at softening some spikes in the school district portions of property tax bills, which may reduce the immediate impact for some owners, see the Ohio General Assembly summary for details.

Bottom line and practical tips

If you think your parcel is overvalued, start by scheduling an informal review and gathering evidence such as recent comparable sales, a recent independent appraisal, or documentation of your property’s condition. Keep careful records, mark the Board of Revision deadlines on your calendar, and remember that programs like CAUV and state credits such as those created by HB 186 can significantly change how a big market value jump shows up, or does not, on your actual tax bill.